![](https://cdn-www.westerncpe.com/wp-content/uploads/2023/11/Product-Page-Mock-Up.png)
![](https://cdn-www.westerncpe.com/wp-content/uploads/2024/04/two-characters-managing-inventory-checklists-graphs-charts-boxes-scaled.jpg)
![](https://cdn-www.westerncpe.com/wp-content/uploads/2024/02/Webcast-preview.jpg)
Auditing Inventory – Performing Required Observations and Other Common Procedures
2 Credits: Auditing
$98.00
Webcasts are available for viewing Monday – Saturday, 8am – 8pm ET.
Without FlexCast, you must start with enough time to finish. (1 Hr/Credit)
![](https://cdn-www.westerncpe.com/wp-content/uploads/2021/08/Lock-Icon.png)
Auditing Inventory – Performing Required Observations and Other Common Procedures
Format
Webcast
Course Level
Basic
CPE Credits
2 Credits: Auditing
Course Description
Assets classified as inventory varies widely with the nature of the entity and industry. Depending on the complexity of the inventory and the related pricing model, risk of material misstatement will vary widely as well. This module will primarily focus on performing the inventory observation, while introducing other risk concepts related to inventory.
Learning Objectives
Upon completion of this course, participants will be able to:
- Identify typical audit risks and special audit considerations related to inventory;
- Recall common inventory observation audit procedures;
- Explain key controls related to inventory; and
- Compare inventory pricing options at a high level.
Course Specifics
WC1924380950
April 17, 2024
None
None
Compliance Information
CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.
Meet The Experts
![](https://cdn-www.westerncpe.com/wp-content/uploads/2022/10/JenLouisMostRecentHeadShot.jpeg)
Jennifer F. Louis, CPA has over 25 years experience in designing and instructing high-quality training programs in a wide variety of technical and “soft skills” topics needed for professional and organization success. In 2003 she founded Emergent Solutions Group, which is dedicated to meeting organization’s professional training needs on a project or part-time basis. Jennifer serves a wide variety of clients, including public accounting firms, state CPA societies, private industry corporations, and public sector agencies.Previously Jennifer served as the Director of Audit Product Development at Surgent Professional Education for three years. Prior to that, Jennifer was Executive Vice President/Director of …
Related Courses
-
Auditing
Catch the Deception if You Can!
Sunish Mehta, CPA, CGMAWebcast
Credits: 4 $196.00$196.00
-
Auditing
Applying The Risk Assessment Standards
Kurt OestriecherWebcast
Credits: 2 $98.00$98.00
-
Auditing
Introducing the New Risk Assessment Standard
Jeff Sailor, CPAWebcast
Credits: 1 $49.00$49.00